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5304 Lane 51

Aurora, MN 55705

2 bd 2 ba 1,404 sqft Built 1977 Lot 217,800 sqft single_family
Most recent sale
$263,000
May 16, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2024 Sold $263,000 RangeMLS
Mar 20, 2024 Listed $274,900 LakeSuperiorAreaRealtors
Jun 12, 2019 Listing removed RangeMLS
Jan 24, 2018 Relisted $162,000 RangeMLS
Jan 23, 2018 Listing removed RangeMLS
Nov 9, 2017 Listed $162,000 RangeMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $16,100 $9,700 $25,800 $366
2025 $13,600 $8,800 $22,400 $292
2023 $15,200 $9,100 $24,300 $358
2022 $11,300 $8,000 $19,300 $324
2021 $9,800 $7,200 $17,000 $290
2020 $10,300 $8,000 $18,300 $310
2019 $10,000 $7,500 $17,500 $290
2018 $12,000 $14,700 $26,700 $428
2017 $12,000 $14,000 $26,000 $446
2016 $12,000 $14,000 $26,000 $444
2015 $10,600 $12,400 $23,000 $432
2014 $10,600 $12,400 $23,000 $393
2013 $10,600 $12,400 $23,000 $389
2011 $11,400 $10,100 $21,500 $367
2010 $14,300 $10,700 $25,000 $357
2009 $10,400 $8,100 $18,500 $304
2008 $8,500 $6,600 $15,100 $255
2007 $6,700 $5,100 $11,800 $227

Property facts

Year built
1977
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,404 sqft
Lot size
217,800 sqft
ZIP code
55705
City
Aurora
Street
Lane 51
Coordinates
47.50316, -92.21728

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,106
Gross rental yield
9.61%
Implied cap rate
6.25%
Trend-extrapolated value

Frequently asked questions

When did 5304 Lane 51 last sell?
5304 Lane 51 most recently sold on May 16, 2024 for $263,000.
What is the current tax assessment for 5304 Lane 51?
The most recent total assessment for 5304 Lane 51 (year 2026) is $25,800 with $366 in property tax.
How does 5304 Lane 51's assessment compare to its last sale price?
The current assessment is 90.2% below the last sale price of $263,000.
When was 5304 Lane 51 built?
5304 Lane 51 was built in 1977.
How does 5304 Lane 51 compare to others on Lane 51?
We track 7 other properties on Lane 51. Browse the list under "Other properties on Lane 51" to compare beds, baths, and sale history.
What are the property facts for 5304 Lane 51?
5304 Lane 51 is a 2 bed, 2 bath, 1,404 sqft, 217,800 sqft lot single_family.
Is 5304 Lane 51 a flip candidate?
No — 5304 Lane 51 does not appear in our flips dataset.
Is 5304 Lane 51 a tax-appeal candidate?
No — 5304 Lane 51 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.2%
Implied 1-yr
+16.8%
2026 Q3
$265.5K
2026 Q4
$265.5K
ZIP 55705 — Median Price History + Forecast

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